Posted on 04/28/2006 4:32:20 PM PDT by neverdem
WASHINGTON, April 27 President Bush is expected on Friday to announce his approval of a deal under which a Dubai-owned company would take control of nine plants in the United States that manufacture parts for American military vehicles and aircraft, say two administration officials familiar with the terms of the deal.
The officials, who were granted anonymity so they could speak freely about something the president had not yet announced, said that the final details had not yet been set and that Mr. Bush might put conditions on the transaction to keep military technology in the United States.
But his action is almost certain to attract scrutiny in Congress, because of the political furor that erupted over the administration's approval of a deal earlier this spring that would have given another Dubai-owned company, Dubai Ports World, leases to operate several American port terminals through its acquisition of a British company, the Peninsular and Oriental Steam Navigation Company.
Dubai Ports agreed to drop the port deal after it became clear that Republicans were abandoning Mr. Bush and opposing the takeover.
In this case, the plants in question are owned by Doncasters Group Ltd., a British company that is being purchased for $1.2 billion from the Royal Bank of Scotland Group by Dubai International Capital, which is owned by the United Arab Emirate government.
Because the plants make turbine blades for tanks and aircraft, the deal was reviewed by the Committee on Foreign Investment in the United States, which sent it on to Mr. Bush himself for a decision, a step used only when the potential security risks or political considerations are particularly acute.
Administration officials alerted Congress that the deal would go through the committee's review process in an effort to head off the kind of public debate that surrounded...
(Excerpt) Read more at nytimes.com ...
What it means is, you may not enjoy the future, even though it is the one you chose.
Same goes for all of us. I just happen to think that you choose wrongly. It's just my opinion. Nothing more.
But of course you can't help but hit it out of the park when it comes to your valuing what is contemptible. You consistently fail to be otherwise.
I guarantee you I will enjoy the future. I may not like the politics, but politics ain't even close to being my whole life.
Hey, pal. I choose to vote as I always have. It's you bumpkins who are talking about stomping off to support some gap-toothed dork in the Constipation Party.
IOW, you're acting like children. So don't be surprised if you're treated like the toddlers you appear to be.
Did ole Tancredo beat Allen in the FReeper poll, or did I just imagine that a redneck like him could win anything?
I sure hope so. If not you could become a counterpointer on Free Republic. /sacasm
Who cares? 20% of FReepers want to see Democrats in power, so the trailer trash around here might vote in Mickey Mouse.
You should outlaw anyone who lives in a trailer NOW.
Write your congressman. I'm sure he or she will understand.
Good grief, you're just awful at this.
May I have your attention please. Sinkspur hates people who live in trailers.
Not surprising news.
Uh oh, lemme go put my teeth in, use the Porta-Potty since our toilet 'b broke,' and I'll think about what to say.
Hehe. We got a three tooth minimum around here, don't ya know. :-)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.